PLV 0.00% 1.2¢ pluton resources limited

rights, page-107

  1. 24,386 Posts.
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    Olive blossom,

    I fully respect your views but, IMO it is about time for reckoning.

    Have you read the last announcement where they tell us of a meeting coming up in order that we will ratify the issue of the past shares issued, in order that that will clear them and give them the go ahead to re-issue another 15% of the total shares currently on issue.??

    Why seeking ratification of those already issued shares if they won't have the needs of issuing some more shares.??

    And, if such a thing will happen, at what price will the next issue of shares will be done at.?? After all we went from a share price of 10 cents to an issue of 4 cents per share not so very long ago. A 60% discount in one hit mind you.??

    IMHO, the best thing to begin with, would be to dig a very very deep hole somewhere in the middle of the desert and bury that shares printing press once and for all. If not, I am sorry to say that we could end up with a few billions shares on issue in the not too distant future.

    I was told that I was wrong and way off the mark before, but guess what, it did happen. And one poster which usually disagreed with me in the past in practically everything I was saying and even flaming and baiting me, admitted that I was right.

    Let me tell you, that it usually takes a man to admit his mistake, and guess what, that poster has now gained plenty of respect from me for showing that. :-))
 
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